Refresh Sub Contract Details on Valuation

Explanation

This activity is used to update contract details on an existing valuation. A valuation is created based on a contract, and the contract may be modified during the execution. During this phase it is common that contract contents (lines and items) change, and in some cases even the contract terms and conditions may change. When creating a valuation the contract contents are copied to and stored on the valuation, and if changes occur on the contract after the valuation has been created the contents of the valuation can become obsolete.

In certain situations it might be desirable to update the valuation with the latest contract details, and this can be done by refreshing the contract details on the valuation.

Prerequisites

• The valuation should be in the Planned status.

System Effects

• The valuation is updated with the latest details on the contract lines and items.
• All valuation values are initialized as done when creating a new valuation. All valuations done on this valuation will be lost and reset to the valuation values of the previous valuation.

Pages

Sub Contract Valuation

Activity Diagrams

Create Valuation